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» 23/07/2009 [Company watch]
China Aoxing Pharmaceutical Corp. Receives Renewal of GMP Certification for Capsule Dosage Form of Pharmaceutical Products
» 15/03/2010 [Industry news]
Recordati S.p.A And Lee Pharmaceutical Announce Partnership For Zanidip(R) In China
» 26/10/2009 [Finance]
China Growth to Remain Fast in Fourth Quarter, Official Says
» 17/08/2009 [Industry news]
Chindex Posts Profit on Product Sales, Health Services
» 07/05/2010 [Industry news]
Hong Kong: Recall of all products manufactured by Quality Pharmaceutical Lab Ltd
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»13/07/2009 [Industry news]
Government, corporate sector to shoulder greater healthcare expenditure burden

By the year 2014, payment of Chinas total healthcare expenditure is expected to be 30% from the government, 40% from the corporate sector, and 30% from individuals,

 
By the year 2014, payment of Chinas total healthcare expenditure is expected to be 30% from the government, 40% from the corporate sector, and 30% from individuals, according to experts at the World Health Expense Accounting Forum held in Beijing July 9, reported Chinanews.com.cn. In 2007, government, corporation, and individual healthcare expenditures were 20%, 35%, and 45% of the total, respectively. The percentage of individual health expenditure will continue to decrease in the future while government and corporate expenditures will increase, according to the report. Experts estimate that by 2014, the government, corporations, and individuals will spend RMB 682.6 billion, RMB 867.9 billion, and RMB 670.9 billion on healthcare, respectively.

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